Mining

Foreign Investment in strategic commodities affected by new rules

On April 24, 2014 the Canadian government published new regulations amending the Investment Canada Act, imposing new rules on investments by non-Canadians. The amendments fundamentally alter the calculations used to determine which foreign...

OIL SANDS: Production begins at Kearl project

ALBERTA - Imperial Oil, operator and 71% owner, says start-up is underway at the first phase of the Kearl oil sands project. ExxonMobil Canada owns the remaining 29% of the project 75 km northeast of Fort McMurray.

GOLD: Jerritt Canyon mill celebrates 8M oz

NEVADA – It is with pride that owner Veris Gold Corp. of Vancouver announces that it's Jerritt Canyon processing plant poured its 8-millionth oz of gold on March 21, 2013. The first ounce of gold was produced on July 4,…

LHDs-TRUCKS: Copco launches new electric vehicles

STOCKHOLM - Atlas Copco now offers complete “green” range of underground electric trucks and loaders, making the company the world’s leading supplier of low emission underground mining equipment. The new series, introduced as...